The Nigerian National Petroleum Company Limited (NNPC Ltd.) has officially secured a Certificate of Occupancy (C-of-O) for its proposed Oredo Refinery and Petrochemical Company Limited in Edo State. The certificate was presented to NNPC Ltd. during a courtesy visit to the Edo State Government House in Benin City on Friday.
Receiving the certificate, Alhaji Mumuni Dagazau, the Executive Vice President of NNPC Ltd.’s Downstream sector, praised Governor Monday Okpebholo for providing land and necessary documentation for the project. Dagazau highlighted the significance of this gesture as an affirmation of the state government’s commitment to fostering productive investments.
He explained that the proposed refinery supports the Federal Government’s Renewed Hope Agenda, focusing on enhancing domestic energy security, reducing reliance on imported petroleum products, and promoting local value addition. The project aims to increase Nigeria’s refining capacity, generate employment, facilitate technology transfer, and stimulate industrial development in Edo State.
Dagazau assured the Edo State government of NNPC Ltd.’s dedication to collaborating with relevant stakeholders to bring the project to fruition, emphasizing its potential contributions to both the state’s economic growth and Nigeria’s overall energy security.
In response, Governor Okpebholo expressed his satisfaction with NNPC’s commitment and reiterated his administration’s goal of creating a favorable environment for investors. He noted that providing land for the refinery is part of a strategic effort to attract investment, bolster the state’s revenue, and create job opportunities for the local population.
The ceremony was attended by several government officials and members of the NNPC delegation, including Ikedichi Dick-Nwoke, Chief Downstream Investment Officer, and Adaobi Oniwinde, Senior Communications Adviser.
